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(SHANTI_BE) Shanti Overseas complete technical analysis [charts+indicators] | Buy/Sell Shanti Overseas | (SHANTI_BE) share price targets

Complete technical analysis of Shanti Overseas (SHANTI_BE) by charts plus indicators, forecast predictions and share price targets for Shanti Overseas (SHANTI_BE)

Showing technical analysis as on 2024-03-14 View latest technical analysis

10 day averaged volume of Shanti Overseas is 52956

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	15.40	15.20	15.80	14.60	0.914 times
13 Wed Mar 2024	15.35	15.35	16.50	15.35	0.946 times
12 Tue Mar 2024	16.15	16.95	17.00	16.15	0.871 times
11 Mon Mar 2024	17.00	17.05	17.70	16.20	1.131 times
07 Thu Mar 2024	17.05	15.45	17.05	15.45	2.392 times
06 Wed Mar 2024	16.25	16.25	16.25	16.25	0.624 times
05 Tue Mar 2024	17.10	17.10	17.10	17.10	0.749 times
04 Mon Mar 2024	18.00	18.00	18.85	18.00	1.193 times
02 Sat Mar 2024	18.95	18.95	18.95	18.95	0.459 times
01 Fri Mar 2024	19.95	19.95	19.95	19.95	0.662 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.4, but if it comes above 16.4, then a intra day buy could be more profitable.
If you take a sell trade below 16.4, then use 16.4 as stoploss and 10.5 as target. However if you take a buy trade in stock , then use 16.4 as stoploss and 21.3 as target.

Share price targets for Shanti Overseas (SHANTI_BE)

Target Type	Value
Downside Target	14.60
Upside Target	15.45
Upside Target	17.70
Upside Target	18.85
Upside Target	19.95
Upside Target	21.00
Upside Target	22.70
Upside Target	24.45
Upside Target	25.70
Upside Target	26.50
Upside Target	32.70
Upside Target	33.40

Intraday share price targets for Shanti Overseas (SHANTI_BE)

Target Type	Value
Downside Intraday Target	14.1
Downside Intraday Target	12.8
Upside Intraday Target	17.2
Upside Intraday Target	19
Upside Intraday Target	15.9

Weekly technical analysis of Shanti Overseas (SHANTI_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	15.40	17.05	17.70	14.60	0.779 times
07 Thu Mar 2024	17.05	18.00	18.85	15.45	1.301 times
02 Sat Mar 2024	18.95	24.45	24.45	18.95	0.578 times
23 Fri Feb 2024	25.70	31.95	33.40	25.70	50.39 times
12 Mon Sep 2022	22.05	22.10	22.70	21.90	0.097 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shanti Overseas (SHANTI_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	15.40	19.95	19.95	14.60	1.072 times
29 Thu Feb 2024	21.00	31.95	33.40	21.00	5.409 times
12 Mon Sep 2022	22.05	23.90	24.45	21.50	0.23 times
30 Tue Aug 2022	23.20	24.05	26.50	21.35	0.892 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shanti Overseas (SHANTI_BE)

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shanti Overseas stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shanti Overseas in short term and the sell signal is strong.

Shanti Overseas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Shanti Overseas in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shanti Overseas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17 and Shanti Overseas (SHANTI_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shanti Overseas (SHANTI_BE) stock. Volume based technical analysis of Shanti Overseas (SHANTI_BE) stock is negative.

Shanti Overseas Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.